The 10 most expensive streets in Cambridge - you'll need at least £1.8 million to move in

Cranmer Street in Cambridge, which has been named as the third most expensive place to buy a house (Image: Zoopla.co.uk)

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The streets may not be paved with gold, but there's still a whole lot of wealth in Cambridge, with new figures revealing the city has over 4,000 properties worth over £1 million.

Property website Zoopla has today released its latest 'rich list', shining a light on the most exclusive postcodes in the country.

According to its figures, Cambridge currently has 4,060 properties worth over £1million, and 80 streets where the average house price eclipses the £1million mark.

On a wider level, the East of England is third on Zoopla's ranking of number of property millionaires by region with a total of 54,031 property millionaires.

The firm has also revealed the 10 most expensive streets in the Cambridge region, which all have an average property value of at least £1.8 million.

The figures are based on the streets' 'Zed -index', which is the value in a given area based on current Zoopla estimates.

Cambridge's most expensive streets

Zoopla.co.uk

West Cambridge is clearly among the places to be, with the Castle and Newnham wards home to some of the city's most exclusive homes, while further afield, Grantchester, Trumpington and Great Sheford all score highly.

However the city's most expensive street is Latham Road off the A1134, where the average property will set you back a cool £3,283,614. However you'll be in exalted company – neighbours include the vice-chancellor of Cambridge University, whose official residence is on the street.

According to the Rich List the most expensive street in Britain is Kensington Palace Gardens in central London, where the average property is valued at £38,266,143.

Outside of London, Virginia Water in Surrey is the most expensive area, with an average property value of £1,326,201.

Lawrence Hall, spokesperson for Zoopla, said: “While Kensington Palace Gardens continues to hold the top spot in the Rich List, it's interesting to see some property values in the most expensive neighbourhoods decreasing over the past 12 months.

“Whilst London will always attract buyers for trophy homes from across the globe, those looking for million pound plus homes should also consider areas outside the capital that make the list such as Guildford, Sevenoaks or Esher, where they will get more bang for their buck."